GHL Systems Launches Its Internet Payment Business

Kuala Lumpur, Malaysia, April 17, 2014 --(PR.com)-- GHL Systems Berhad has today launched its Internet Payment Business in Malaysia. The internet payment business, eGHL, will enable online merchants from small, medium or large enterprises with an online presence to start accepting payments for their e-commerce transactions.

eGHL enables online stores or e-commerce websites to accept comprehensive and secured online payment options including FPX, MasterCard, Visa, Malaysian banks’ internet banking payments, MCash, UnionPay and Alipay. eGHL is governed under Malaysia’s Financial Services Act 2013.

“We are proud to be able to offer differentiated solutions for large, high volume online merchants as well as simpler and affordable solutions for smaller ones,” said Raj Lorenz, Group CEO of GHL Systems Berhad. “Online payment is still relatively small in absolute terms but it is growing exponentially in all the countries in which we operate. We will be expanding eGHL to Thailand and Philippines, where we have significant subsidiaries and we intend to become a major online payment service provider in ASEAN,” Raj further added.

Some of the key features of eGHL are
· PCI DSS Compliance – ensuring financial data is processed securely
· Omni-payment channel
· Real-time reporting
· Robust fraud prevention system with fraud monitoring by dedicated risk team
· 24x7 helpdesk support
· Mobile shopping platform ready
· Friendly API for easy integration
· High load tolerance and flexibility in customization

eGHL’s value proposition extends not only to merchants but also to the banking sector. Banks that have larger customers that require customized solutions for their online services can partner with eGHL to deliver a solution that fits their needs. eGHL’s Bank-Connect solution handles high transaction loads and has the requisite high availability and contingency options that large online merchants require. In addition, eGHL’s 7X24 local support and software customization capability differentiates it from other providers.

eGHL’s internet payment gateway was launched by Ms. Ng Wan Peng, the Chief Operating Officer (COO) of Multimedia Development Corporation (MDeC) at hotel in Kuala Lumpur today. The launch was attended by representatives from Bank Negara Malaysia, MyClear, VISA, Mastercard, local commercial banks, channel partners and merchants. eGHL has also partnered with some of Malaysia’s key shopping cart providers such as EasyStore.my, MyBizCart, Sitegiant, Square.my and webShaper to assist SMEs setup their online stores.

“eGHL adds another driver to GHL’s arsenal of payment products and services. GHL, as an end-to-end provider of payment solutions is present not only in the physical high street but also in the virtual, online e-commerce space. eGHL augment’s the group’s TPA business (Transaction Payment Acquisition) which is a priority growth business for GHL group,” says Raj Lorenz, GHL Systems Berhad’s Group CEO.